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Due to a lack of pre-payment control, demand for using credit cards for procurement purposes is still very low. However, recent developments in Australia could change all that.
The Indian finance company takes on its main cash management challenge – pushing customers to pay by smartphone in a country where cash is still king.
Blockchain is the buzzword of the moment in the financial and tech worlds, but how will the technology be implemented?
Always keen not to play guinea pig to new products and strategies, treasurers run the risk of stifling innovation. They occassionally need to be bold.
The utility approach to KYC process will help treasurers comply with global regulations and manage their KYC responsibilities across multiple banks.
The development of the AEC is exciting, but many areas – particularly services and
finance – will remain heavily protected.
The IMF could announce this week whether it wants to add renminbi to the special drawing rights basket of currencies. Some banks are betting that China has done enough.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
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